§ 390.428. Approval of the security.
45 words·~1 min read·
/us/cfr/t12/s§ 390.428·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any securities of a State savings association which are not exempt under this subpart and are offered or sold pursuant to an offering circular which becomes effective under this subpart, are deemed to be approved as to form and terms for purposes of this subpart.